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Recent commercial real estate activity tied to Texas-based firms spans investment sales, team expansions and new mixed-use development plans across multiple markets. Sword Industrial Partners, an affiliate of Fort Worth-based MAG Capital Partners, acquired Braniff Park West, a 261,692-square-foot property in northeast Tulsa, for $20 million. The project consists of two buildings on a 21.7-acre site with suites from 11,000 to 82,000 square feet. At the time of sale, the property was 89 percent leased to tenants including HSM Transportation, Forward Air and Ramsey Industries. Troy Gudgel and Terry Payne of CBRE represented the seller, described as an undisclosed, locally based partnership.
On the brokerage side, CBRE has strengthened its Houston Office Investor Leasing team with the addition of two senior leaders. Jillian Fredericks and Connor Saxe have joined the group as Senior Vice Presidents. Fredericks brings more than 16 years of commercial real estate experience and most recently served as Senior Vice President at Colliers, where she was involved in leasing more than 4.1 million square feet of Class A and Class B office properties in The Woodlands. Saxe contributes more than 13 years of strategic agency leasing experience, with a focus on Class A office assets and mixed-use urban developments.
Retail and mixed-use activity continues to build in the Austin area. Weitzman has been named exclusive leasing agent for the planned retail component at The Row, a mixed-use project at the southwest corner of State Highways 71 and 130. The development is planned to offer retail, restaurant and entertainment options serving the growing Southeast Austin trade area. Nick Naumann and David Ruwwe with Weitzman are handling retail leasing for the project being developed by Presidium. The first retail phase, totaling approximately 28,000 square feet of multi-tenant space, is scheduled to break ground in mid-2026.
In Houston, Colliers closed the sale of Parks at Boulder Creek, a neighborhood retail center at 10555 Pearland Parkway. The 52,889-square-foot multi-tenant retail property is located at the southeast corner of Beltway 8 and Pearland Parkway on roughly 4.62 acres. Joshua Sebesta of S+P Interests, LLC represented the buyer in the transaction, while Christopher D. Winters of Colliers represented the seller.
Further south in Alvin, Texas, Fidelis has acquired more than 42 acres of land for a planned mixed-use development. The initial phase of the project is expected to feature approximately 280,000 square feet of retail space. Planning is underway, and the development team is targeting a groundbreaking in early 2027. Boucher Design Group has been engaged as the project architect, and Fidelis intends to attract a mix of national and regional retailers to the site.
The post Sword Industrial Partners Buys Braniff Park West in Tulsa for $20M appeared first on CRE Market Beat.
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